Twenty Dollars Clause
While the amount mentioned in the amendment ($20) has not been indexed or adjusted for inflation, Congress has never extended federal diversity jurisdiction to amounts that small, and the amendment is one of the few portions of the Bill of Rights never to have been incorporated by the Supreme Court of the United States. Under the current Federal Rules of Civil Procedure (28 U.S.C. §1332), the amount in dispute in diversity cases must exceed $75,000 USD in order for the case to be heard in federal court.
Read more about this topic: Seventh Amendment To The United States Constitution
Famous quotes containing the words twenty, dollars and/or clause:
“It may cost me twenty thousand francs; but for twenty thousand francs, I will have the right to rail against the iniquity of humanity, and to devote to it my eternal hatred.”
—Molière [Jean Baptiste Poquelin] (1622–1673)
“To be a poor man is hard, but to be a poor race in a land of dollars is the very bottom of hardships.”
—W.E.B. (William Edward Burghardt)
“Long ago I added to the true old adage of “What is everybody’s business is nobody’s business,” another clause which, I think, more than any other principle has served to influence my actions in life. That is, What is nobody’s business is my business.”
—Clara Barton (1821–1912)